Rep. Petri critical of president's student loan plan

10:25 PM,
Jun. 10, 2014

Tom Petri

Written by

Gannett Wisconsin Media

U.S. Rep. Tom Petri, R-Fond du Lac, a senior member of the House Education and Workforce Committee, is criticizing the Obama administration's latest executive order that would expand eligibility for the President's Pay As You Earn repayment plan.

"The President's proposal moves us in the wrong direction by taking a complicated, expensive repayment option and simply expanding it," Petri said in a press release. "Basing payments on income makes sense, but I'm always hearing from students who need affordable payments but don't take advantage of these options because the system is too ...